Bitcoin Whale Moves 1,133 BTC Worth $71.5M to Coinbase Prime

A Bitcoin whale identified as “3Fh4XD” has transferred 1,133 BTC, valued at approximately $71.48 million, from Coinbase to Coinbase Prime through an intermediary wallet in a single transaction.

Coinbase Prime is a service commonly used by institutions for crypto custody, over-the-counter transactions, and trade execution. Unlike a standard exchange deposit, the movement appears linked to institutional infrastructure rather than a direct transfer intended for market selling.

Source: Onchain Lens